MS&AD’s Japan non-life units fall to US$110m underwriting loss
May 19 2023 by Mithun Varkey
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Tower’s FY 2023 COR at 101% as large events cost triple to US$33.6m
- November 23
While the New Zealand insurer's GWP grew 17% to US$319m, its underlying profit fell 72% year-on-year hit by large losses from January and February weather events.
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Malaysian Re reports US$23.8m net profit in H1 FY 2024
- November 21
The Asean reinsurer returned to profit in the first six months of the financial year on the back of higher insurance service results and investment gains.
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Japan’s big three script domestic underwriting rebound
- November 20
Rate increases, absence of Covid-19, large nat cat losses and increased investment income help Tokio Marine, MS&AD and Sompo improve their earnings in the first half of FY 2023.
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MS Amlin turns around underwriting performance with 91.6% COR
- November 17
The Japanese insurance group's overseas business saw its net premiums for the first six months grow 45% year-on-year to US$4bn.
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Capital Consulting International seeks to expand into new markets and double its APAC presence
The consultant is exploring potential acquisitions in Australia and New Zealand, and expanding its footprint in South-East Asia, Korea and Japan.
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Peak Re | From cybercrime to mental well-being: evolving needs of emerging Asia
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.
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AXA XL | Battery-powered ships: Moving from the drawing board to the seas
Electric ferries are increasing in popularity but there is plenty of work ahead to move away from ships using heavy diesel oil.
